Tops take time. One is forming over the coming days in the stock market.
Next week we will discuss our targets for the impending pullback. Expect NASDAQ to show the greatest strength.
Gold itself has limited upside, possibly $1735 futures this week. Miners may be a bit more bullish as they play catch-up.
We have a very strong buy signal from Natural Gas. We expect the rise to continue in waves into early June before a pause is expected.
Today 99% of stocks trade with the broad market thanks to high frequency trading algorithms. The next 5-7 trading days are time to lighten up some of our equities. It's too early to short but not too early to sell if you have gains you want to lock in. We will sell into this next brief wave of strength.
We will touch on oil, bitcoin, and bonds tomorrow.
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